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Selling Grey Market into caribbean and taken unsuspected victims money. This is Fraud.
Grey-market goods refer to "legal goods" which are sold outside normal distribution channels by companies which may have no relationship with the producer of the goods. Frequently this form of parallel import occurs when the price of an item is significantly higher in one country than another. This situation commonly occurs with electronic equipment such as cameras. Entrepreneurs buy the product where it is available cheaply, often at retail but sometimes at wholesale, and import it legally to the target market. They then sell it at a price high enough to provide a profit but under the normal market price.international efforts to promote free trade, including reduced tariffs and harmonized national standards, facilitate this form of arbitrage whenever manufacturers attempt to preserve highly disparate pricing. Because of the nature of grey markets, it is difficult or impossible to track the precise numbers of grey-market sales. Grey-market goods are often new, but some grey market goods are used goods. A market in used goods is sometimes nicknamed a Green Market. Importing certain legally restricted items such as prescription drugs or firearms would be categorized as black market, as would smuggling the goods into the target country to avoid import duties. A related concept is bootlegging, the smuggling or transport of highly regulated goods, especially alcoholic beverages. The term "bootlegging" is also often applied to the production or distribution of counterfeit or otherwise infringing goods. Grey markets can sometimes develop for select video game consoles and titles whose demand temporarily outstrips supply and the local shops run out of stock, this happens especially during the holiday season. Other popular items, such as dolls can also be affected.in such situations the grey market price may be considerably higher than the manufacturer's suggested retail price. Online auction sites such as eBay have contributed to the emergence of the video game grey market.
Darien Rose-Green
Consultant LocationGreater Nashville AreaIndustryInformation Technology and Services Overview Current CompNation 4 years sales mgr. Roles over see all large accounts, manage them, create revenue and make monthly sales projections. Education Tennessee Technological University Florida International University Connections 24 connections Websites Company Website Public Profilehttp://www.linkedin.com/pub/darien-rose-green/1b/393/809
SharePDFPrint Experience Cheif ConsultantFreelance Consultancy and Training October Present (6 months) Nashville TN Education Tennessee Technological University2007Florida International University1999 Additional Information
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